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government. >> so true. we also can look at the difference and say, well, maybe holiday discretionary spending wasn't as strong, but retail spending generally held up okay. maybe not the best sign tore some of the retailers, back up not a reason to completely lose faith in the u.s. consumer. we should point out this disparity we've seen where capital spending, goods for new capital orders have been weak and retail sales have been relatively strong. labor income has held up okay. frankly, when you look at 2013, the outlook for that to continue looks recently good. >> well, sure. and the other thing we'll look forward to is the number on jobless claims. they were back to their prehurricane level suggesting that the labor market hasn't fallen out of bed. there will be an interesting announcement coming out of the irs sometime between now and the end of the year which will be very important. they're going to give guidance to employers on what will be the tax withholding rates for 2013. under the laws, those with
government. >> so true. we also can look at the difference and say, well, maybe holiday discretionary spending wasn't as strong, but retail spending generally held up okay. maybe not the best sign tore some of the retailers, back up not a reason to completely lose faith in the u.s. consumer. we should point out this disparity we've seen where capital spending, goods for new capital orders have been weak and retail sales have been relatively strong. labor income has held up okay. frankly,...
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government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens people? >> in many ways -- this is like the mayan calendar. they said the world would end december 21. we are all still here. the fiscal cliff negotiations and the debts limit thing are not the end of the world and we will figure it out. the most important thing to keep in mind is long term. we want to have a healthy fiscal situation. we have to have a healthy economy. we have to address growth. here's something else that is -- totally missing from this conversation. >> jimmy? >> understand that the executive branch is required under federal
government would not pay interest on its debts. have -- you know perfectly well will is about a million things. i have been in the country where they ran out of borrowing capacity and managed important several years to survive without that borrowing capacity. there's a million things you can do before. you don't pay your debt on the u.s. treasuries before you stop paying social security, before you do lots of other things. is he purposefully trying to elevate this to a situation that frightens...
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is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very frankly, the house has to initiate revenue bills. the house failed to send a bill out, as you know, last week, because the republican party could not come to an agreement. so i do not have a representation as to what they are going to do. i do know they are going to be discussing it just in a few minutes. >> what would you say [indiscernbile] >> i would say the most preferable path forward is to get us back in session, come here, sit down at the table, and reach a compromise agreement. an alternative, which is the simplest -- pass the senate bill. you want to correct a glitch in the senate bill from a procedural viewpoint, it will pass the house, which will include a tax decrease on the first $200,000 of income of an individual or $250,000 for a family. we could do that immediately
is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very frankly, the house has to initiate revenue bills. the house failed to send a bill out, as you know, last week, because the republican party could not come to an agreement. so i do not have a...
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there is so much risk from the government. one of the things we need from the government is to get out of the way and allow the economy to work and allow the market to work and until that happens expect the slow drip to happen and we will have zero ability to break away from the 50 day moving average we have been hovering around. david: what a novel time for that. shibani: we will put that together, thank you. david: is the president being told by his own economic advisors we're going to go into recession if it doesn't make a deal with republicans? we'll ask a former chief of staff on president bush economic advisors. see if she thinks the president is flirting with recession. shibani: a problem over at amazon knocking out popular online services including netflix causing families to actually talk to one another on christmas eve. a bit more over the holidays. we have all the details coming straight ahead. david: president obama came back to washington to push for tax hikes the republicans have been resisting but with five d
there is so much risk from the government. one of the things we need from the government is to get out of the way and allow the economy to work and allow the market to work and until that happens expect the slow drip to happen and we will have zero ability to break away from the 50 day moving average we have been hovering around. david: what a novel time for that. shibani: we will put that together, thank you. david: is the president being told by his own economic advisors we're going to go...
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the fiscal cliff is almost here and so is another government uncertainty. cheryl: the $16 trillion debt ceiling is living with the same thing among monday. of former t.a.r.p. treasury adviser, great to have you with this important day for the markets for the government for everyone, i want to talk about strategy. i was on the air wednesday afternoon at 4:30, tim geithner comes on and we are going to run into the debt ceiling, that is it. what did he stand to gain and what pressure is he putting on? >> she couldn't not tell us. he has an obligation -- [talking over each other] >> december 31st is new information. by the end of the year, and if it waited until the last minute -- didn't want it to be part of the fiscal cliff negotiations. it does kind of create ship republicans can use against president obama, get out of this deal as well. dennis: didn't tim geithner say all the deadline, december 31st, there's some stuff we will do. a few hundred billion here and there, trying to turn up the pressure on republicans. >> and official letter, the responsible tre
the fiscal cliff is almost here and so is another government uncertainty. cheryl: the $16 trillion debt ceiling is living with the same thing among monday. of former t.a.r.p. treasury adviser, great to have you with this important day for the markets for the government for everyone, i want to talk about strategy. i was on the air wednesday afternoon at 4:30, tim geithner comes on and we are going to run into the debt ceiling, that is it. what did he stand to gain and what pressure is he putting...
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look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations they have to inherit this debt. something needs to be done. >> i agree. what do we do when we have personal debt? we raise our income, we want to raise our revenue and cut spending. >> we're not going to take -- >> we put it forward and we've cut spending cut $.5 trillion last year. >> where? >> i want to take money from the private sector and give it to a bunch of bureau kratz. let the money stay in the private sector. don't raise taxes when we have a slow economy. >> why are you telling me that? tell john boehner not to raise taxes. he'll raise them on all of us. the congress is on taxes. everything -- we shouldn't be debating this. congress should because tax bills, as you know, have
look at our problem with spending, how bloated our government is. we're $16 trillion in debt. something needs to be done. this year we're going to spend $165 billion more than we receive in social security. $3 we're going to spend for every 65 we receive in social security in medicare. this is absolutely -- we need to stop. this is not fair to young people. it's not fair for future generations they have to inherit this debt. something needs to be done. >> i agree. what do we do when we...
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but ultimately, the government decided not to pursue those cases as criminal cases. unfortunately that page has turned. in what is a very unsatisfactory turn of events. >> host: we have charles from la jolla, california. >> caller: thank you, neil barofsky. it was a wonderful book. it was very compelling. my question is, in an interview with president obama, he talks about situation and you have companies like aig that after the little differently. companies like goldman sachs that were in investment banking. could you explain more about that? i know you have gained a lot of financial education since he started as the t.a.r.p. general. could you explain how this will work? >> yes, glass-steagall was the law that separated investment banks and commercial banks. so it meant that basically a big like citibank or jpmorgan chase could not also do investment banking activities. also in other areas like insurance. that bill really got dismantled by a series of regulatory deficiencies by the feds leading up to the end of the clinton administration for the last messages were
but ultimately, the government decided not to pursue those cases as criminal cases. unfortunately that page has turned. in what is a very unsatisfactory turn of events. >> host: we have charles from la jolla, california. >> caller: thank you, neil barofsky. it was a wonderful book. it was very compelling. my question is, in an interview with president obama, he talks about situation and you have companies like aig that after the little differently. companies like goldman sachs that...
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government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle a class action lawsuit. toyota will create a fund for retrofitting more than 3 million cars of technology that makes it easier for them to stop. in late 2009, all of 20010 due to lower resail value of the car. toyota has not admitteded any guilt on this topic. >> they get a big chunk of change and the car owners a little bit. >> for many passengers air travel is about finding the cheeps air fair. as airlines offer more and more add-ons from early boarding to premium seating to baggage fees that ability to comparison shop is pretty much impossible. the on-line ticketers like expedi
government is estimated to hit $16.4 trilli $16.4 trillion borrowing limit. in a letter to congress timothy geithner says he will take several accounting measures to start the new year that. will keep the gvtmeovernment from reaching the limit until a fiscal deal is reached and the economy can save off the debt. >> let's talk about toyota? >> owners of 60 million lexus and cars from 1998 to 2010 may be getting some cash. toyota has agreed to pay more than a billion dollars to settle...
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this on news that the government
this on news that the government
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govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> a huge storm spanning frlgts midwest to the east coast is dumping plenty of snow and rain across the nation. dr. greg postell from the weather channel has more on exactly what's going on. over to you. >> thanks, the snow storm is beginning to wind down across parts of the midwest. parts of ohio, really, the know is almost over. they have received in parts o
govern from the middle and lead. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to...
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the next government should have stopped it. but unfortunately government is government. government kept the foot firmly on the accelerator. why? because german capital was flowing to the country at cheap rates, financing ponzi schemes. it is just like the subprime market here where people were coerced to take loans that could not afford. similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative prime minister, he is not a stupid man. he was a terrible prime minister, but he is not a stupid man. you know what he did? he bailed out. he has not spoken since. he affectively called for a general election. he did not contest it. it was much worse than obama's first debate. he appeared before them and was like "don't vote for me." he lost that election. he did not have to call for that election. he called for it to lose it, to stay at home. he has not spoken since. he is having a nice holiday. and then there was papandreou. i was an advisor up until 2006. so i am not to blame. who
the next government should have stopped it. but unfortunately government is government. government kept the foot firmly on the accelerator. why? because german capital was flowing to the country at cheap rates, financing ponzi schemes. it is just like the subprime market here where people were coerced to take loans that could not afford. similarly in greece. so, you had executives coming to greece, bribing politicians. the greek government -- they did not listen. then 2008. the conservative...
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so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while many republicans oppose new taxes for anyone, senator kay bailey hutchison says she's looking for compromise, alluding to house speaker john boehner's plan "b" that was met with stiff opposition from his own party. >> i think $250,000 is too low a threshold. a lot of working people who are couples would exceed that, and i don't think we need that kind of shock to the system. however, i've talked to some of my democratic colleagues, and they are saying maybe in the $400,000 or $500,000 category we could set a benchmark. i do think it is essential t
so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $250,000, prolong unemployment benefits and delay those sweeping spending cuts. while...
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government bonds still have a role. government bonds with credit on top if you like. so we were one of the first private banks to buy ultra long corporate bonds normally held by pension funds reflecting the fact that you have above average risk premiums and potential risk correlation. so that's attractive. an area that's really suffered, ctas. >> ctas? >> ctas really suffered. >> what are ctas? >> commodity trading advisers is what they're short of. it's a style of hedge fund management and it did very well in '08 and '01 or '2. they've struggled for a couple of years. but still importantly they still have a negative correlation. >> i'm just wondering what happens with the cliff impact on gold. you know, if we find the cliff solution, if we find a mediocre solution, if we find no solution, are we going to see a huge swing in the price of gold? >> well, gold has a safe haven role. it has had a safe haven role just like other assets that you mentioned that could be hemgs against equity movements such as these safe haven bonds such as german ones, u.s. ones, maybe japane
government bonds still have a role. government bonds with credit on top if you like. so we were one of the first private banks to buy ultra long corporate bonds normally held by pension funds reflecting the fact that you have above average risk premiums and potential risk correlation. so that's attractive. an area that's really suffered, ctas. >> ctas? >> ctas really suffered. >> what are ctas? >> commodity trading advisers is what they're short of. it's a style of hedge...
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to think that the government, federal government certainly was closed on monday and tuesday, some of the state government was closed for both days, one of those days as well, saying maybe it came in a little bit light. some interpretation but funny to see all the headlines crossing this morning saying the futures were moving based on claims or the treasuries based on claims numbers and not what was going on on the fiscal cliff. >> a crummy start to the year we get a fourth strike on top of all that, true. >> not such a crummy year for japan. japanese stocks rallying you can the yen continuing its slide against the dollar in all the major currencies, in fact. asian markets mixed overnight trading. the nikkei climbing to a closing level not seen since just before the march 2011 earthquake, marking a third day of gains, mostly drive bine hopes for a new stimulus policy. the yen is sitting closes to the lowest level since september 2010 against the dollar. interesting here because now a lot of people are saying the best or the hottest trade in 2013 will, in fact, be long japanese stocks
to think that the government, federal government certainly was closed on monday and tuesday, some of the state government was closed for both days, one of those days as well, saying maybe it came in a little bit light. some interpretation but funny to see all the headlines crossing this morning saying the futures were moving based on claims or the treasuries based on claims numbers and not what was going on on the fiscal cliff. >> a crummy start to the year we get a fourth strike on top...
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will they put in a transitional government? >> whatever happens between now and half of 2013 anything would need to retrieve months to stabilize the country. the militia are not up for an agreement including assad. he is afraid of any agreement that they will take care about. at least the next 34 months we do not see an agreement unless russia will enforce the agreement. tracy: if we get involved is another show. iran. some days the regime is comical. >> three or four years we have claimed those sanctions are working but they are but not on the regime. they work on the people who are underdress. the regime has taken a van should stage -- advantage of the sanctions they have the leverage to syria supporting the assad regime and to love and on and destabilizing the arabian peninsula. they're doing a lot of expansion. tracy: you are so terrific t30. if it is going to be safer you answered no where close. please come back. >> happy new year. lori: the u.s. markets, not really. nothing new. the losses are getting worse 130 points on
will they put in a transitional government? >> whatever happens between now and half of 2013 anything would need to retrieve months to stabilize the country. the militia are not up for an agreement including assad. he is afraid of any agreement that they will take care about. at least the next 34 months we do not see an agreement unless russia will enforce the agreement. tracy: if we get involved is another show. iran. some days the regime is comical. >> three or four years we have...
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they say they are a governing party and they right now are causing the government to completely rewire the way that it deals with the deficit. and they say that there is pain in that process. but the long-term debate and the reason why they don't need to be inside the meeting room is they've got so many of the people in that room afraid of them that we are having a debate between how much to cut the deficit and not to do jobs or stimulus and the things paul reuben talks about. >> they've had an impact, but it's not a governing agenda in terms of accomplishments that would get to their goal of deficit reduction and long-term economic growth. >> on that point, why not? >> because they're standing in the way of allowing that to happen. they're saying you can't come to an accommodation on the issue of taxes. if you can't do that, there's no way you can -- >> well, i would disagree with you and disagree with ben a little bit. what they've proved in the fist year is if you do hold certain things hostage, you can get results. and we already have $1 trillion worth of debt reduction because of
they say they are a governing party and they right now are causing the government to completely rewire the way that it deals with the deficit. and they say that there is pain in that process. but the long-term debate and the reason why they don't need to be inside the meeting room is they've got so many of the people in that room afraid of them that we are having a debate between how much to cut the deficit and not to do jobs or stimulus and the things paul reuben talks about. >> they've...
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that's how much the government will take. after you paid all your tacks the government will get more than half of what you have left. that includes the gold in your teeth and maybe some spare change in your pocket. pretty sad. that is confiscator to more than anything else. >> also known as the death tax. keep in mind, sean, the estate tax also, it actually lapsed in 2010 and there were jokes going around saying it is time that people should pull the plug on the relative? but remember it came back in 2011 and it ended up coming back at 35%. but if you go over the cliff it goes up to 55%. >> all right. unbelievable. guys, good to see you. great information. we will continue to follow it. appreciate it. coming up, president obama returns early from his vacation, or so he says. charles krauthammer is here to analyze the anointed one coming back early and much more straight ahead. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... y
that's how much the government will take. after you paid all your tacks the government will get more than half of what you have left. that includes the gold in your teeth and maybe some spare change in your pocket. pretty sad. that is confiscator to more than anything else. >> also known as the death tax. keep in mind, sean, the estate tax also, it actually lapsed in 2010 and there were jokes going around saying it is time that people should pull the plug on the relative? but remember it...
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you have to remember, a government has a hard time strengthening its currency, but governments can very easily weaken their currencies, simply by printing them and when the japanese said they are going to print them in an unlimited fashion, you have to believe them. >> also, the other difference here between japan and what's going on for instance here in the united states is that in japan, there are still positive real rates so the bank of japan has the freedom and the leeway to really impact what's going on with the yen. >> well, they've made it clear that that's what they intend to do. they're going to take rates to negative numbers over there, mel, before it's done. they have choice and that's what's going to end up happening. they have the exporters with them, at their back, to help them along the line. and you have, i think, a failing demographic circumstances. there's nothing they can do to help the economy itself, other than to help exports. there's nothing they're going to do to help the consumers, who are falling in numbers. they have to continue to export goods and services ou
you have to remember, a government has a hard time strengthening its currency, but governments can very easily weaken their currencies, simply by printing them and when the japanese said they are going to print them in an unlimited fashion, you have to believe them. >> also, the other difference here between japan and what's going on for instance here in the united states is that in japan, there are still positive real rates so the bank of japan has the freedom and the leeway to really...
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but that has not stopped the sinner -- syrian government from killing its own. attacks on innocent children in the increasingly deadly civil war coming up. >>> a new blow to the syrian regime killing its own people. a top general decided to defect to join the uprising against the sir ran president assad. the head of the military police appeared in a video aired on middle eastern news saying he's joining, quote, the people's revolution because, quoting again, the army derailed from the basic mission of protecting people and has become a gang for killing and destruction. this could be one of the most senior military defections in the nearly two-year long civil war that activists say killed more than 40,000 people but it has not stopped the syrian government from attacking its own men, women, and children. a human rights group reports the regime shelled a bakery and killed 20 people, including at least eight children. we cannot independently confirm that. we're joined by a journalist who specializes on middle east affairs. this is a significant defection, lisa, and
but that has not stopped the sinner -- syrian government from killing its own. attacks on innocent children in the increasingly deadly civil war coming up. >>> a new blow to the syrian regime killing its own people. a top general decided to defect to join the uprising against the sir ran president assad. the head of the military police appeared in a video aired on middle eastern news saying he's joining, quote, the people's revolution because, quoting again, the army derailed from the...
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services he said in addition to lupton to government people have the right to supervise the government we need a better quality of government service public officials should be more caring they should be aware of the needs people may have even in the small village but in talks about we've talked about the most gooey jenna no let's talk about the government in general you are an experienced politician it is only recently that you were appointed governor authorities all over the world are interested in being money toward entrance parent but russian authorities have never been interested in transparency under the monarchy or under the crew or recently do you think the situation may change certainly but what has changed. and yet a living you know i suppose nothing changed in my head. what is just that every system and every person goes through certain stages there is evolution. when you saw what you know we were born and raised in an unfree country of analysis but that where the government and crucially suppressed our initiative and our wealth and people would learn from their early years
services he said in addition to lupton to government people have the right to supervise the government we need a better quality of government service public officials should be more caring they should be aware of the needs people may have even in the small village but in talks about we've talked about the most gooey jenna no let's talk about the government in general you are an experienced politician it is only recently that you were appointed governor authorities all over the world are...
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thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a difficult problem. we are subsidizing thingings. it is cheaper to produce energy from natural gas. it is a subsidies. other than it is natural gas there. it is 63 cents compared to $53. that is not a pay off to me. >> i will have to disagree with rick. last time wind energy had any impact was in the century. we have moved in oil and natural gas. but let's get rid of subsidies and let them sink or swim. wind energy will sink and we'll be better off. it is behathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the t
thest thing to immortality is a government program. politicians are labeled with hot wind and we label the section gone with the wind. >> we have sending sib sidies in '92, has it been worth it. >> we are early inlet process. we have subsidized oil and coal and gas. we have done them from darn near a century. these don't look so bad. like it or not, the majority of americans believe that global warming is an issue. we need to develop clear energy sources. fossil fuels may be a...
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but the government is 90% of the market. if you look at firms like ours we basically do ginnie mae and nonconfirming production. we'll do maybe a couple billion dollars this year. that's a drop in the bucket. this is still completely a government market. >> i asked john this question earlier, talking about some of the regulations from dodd-frank which haven't come into effect yet. of the 200 plus that are not on the books, what's the one or two that you're looking at that you think are a game changer. >> in terms of what? >> that may ultimately change some of the derivative stuff, what you think the impact of both -- >> we've talked about this. volcker has taken a lot of liquidity out of the market just in terms of -- >> but none of this is on the books. nobody's actually -- it's not there yet. >> the behavioral changes have already come because the lawyers have told the banks you have to live with the volcker rule. they've already done it. my big fear, though, is that the conservatives are trying to winnow down fannie, fred
but the government is 90% of the market. if you look at firms like ours we basically do ginnie mae and nonconfirming production. we'll do maybe a couple billion dollars this year. that's a drop in the bucket. this is still completely a government market. >> i asked john this question earlier, talking about some of the regulations from dodd-frank which haven't come into effect yet. of the 200 plus that are not on the books, what's the one or two that you're looking at that you think are a...
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Dec 29, 2012
12/12
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KCSMMHZ
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. >> to make sure tourists in particular are not faced with shuttered doors, the spanish government has changed laws regarding business hours. it wants visitors to the crisis- ridden country to have more time to spend money -- 90 hours a week instead of 72. >> it should help encourage trade and create more jobs in the sector. >> but the plans are threatening the siesta. the tradition of the lengthy break to unwind and relax is being sacrificed to the demands of the market. the spanish siesta was introduced in response to extreme working conditions. during the post-war period, it was not just the afternoon heat that force people to take a break. >> a lot of people had to take on two jobs at the same time. it was the only way to divide up the day so that you rested not just at night, but also had a break during the day. >> and health-care professionals say it is still a good idea. they recommend a 20-minute midday nap. they say it makes a difference at night. than a 10% of insomnia cases are chronic, and they are usually caused by work. we over lows hour days to the point where we no long
. >> to make sure tourists in particular are not faced with shuttered doors, the spanish government has changed laws regarding business hours. it wants visitors to the crisis- ridden country to have more time to spend money -- 90 hours a week instead of 72. >> it should help encourage trade and create more jobs in the sector. >> but the plans are threatening the siesta. the tradition of the lengthy break to unwind and relax is being sacrificed to the demands of the market. the...
SFGTV2: San Francisco Government Television
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Dec 29, 2012
12/12
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SFGTV2
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it is a separate government organization. >> the primary mission as described by state land, number one, to provide for maritime commerce, navigation. no. 2, it is to protect natural resources. third, it provides facilities that attract people to the waterfront. that is what the state land commission is. the port does not share a budget with the city. they cannot collect any tax revenue. they do not have any taxing authority. the port lives and dies by the revenue it generates on the port property. >> how is the ferry building doing in terms of creating revenue? >> it has been phenomenally successful. we are fully leased. the active merchants are incredibly happy to be part of the vibrant community. >> this is one of the most see places in san francisco. anybody who comes here from out of town, you have to walk through the ferry building. >> there are a lot of visitors here. definitely a lot of locals, too, who feel strongly about the connection to the marketplace. >> you were mentioning that this is pierre -- pier 14. >> first, it was a brick water for the downtown ferry terminal, cons
it is a separate government organization. >> the primary mission as described by state land, number one, to provide for maritime commerce, navigation. no. 2, it is to protect natural resources. third, it provides facilities that attract people to the waterfront. that is what the state land commission is. the port does not share a budget with the city. they cannot collect any tax revenue. they do not have any taxing authority. the port lives and dies by the revenue it generates on the port...
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Dec 28, 2012
12/12
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CSPAN
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we have a huge government. the average member of congress has about 2 seconds per year to think about how they spent each million dollars they spend. that's not enough time for them to analyze everything. so they end up passing laws they don't read. that causes huge problems of all sorts. i agree with you, that's a major problem. the housing problem, the financial crisis is really a problem caused by states and local governments. often state and local governments following trends, following planning fads' rather than doing what really works best for the american people, which is to let people choose how they want to live, how they want to get around, and pay for the cost of their. choices their but give them freedom of choice and let them do what they want. host: this is from wall street journal earlier this month -- guest: mental prices are on the rise in places that have land use restrictions like d.c., boston. they're not really on the rise in places that don't have land-use restrictions. in houston, the fas
we have a huge government. the average member of congress has about 2 seconds per year to think about how they spent each million dollars they spend. that's not enough time for them to analyze everything. so they end up passing laws they don't read. that causes huge problems of all sorts. i agree with you, that's a major problem. the housing problem, the financial crisis is really a problem caused by states and local governments. often state and local governments following trends, following...
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250
Dec 27, 2012
12/12
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MSNBCW
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eye 250
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government that sticks a gun to its head. sorry to use gun metaphors, but basically sticks a gun to its head and says we don't trust ourselves to legislate like normal people. even presidential commissions don't work anymore. what we've got to do is give ourselves artificial deadlines and bring ourselves to the precipice, create all sorts of uncertainty, create manufactured crises because without that pressure, we can no longer be counted on to do anything that remotely redecember bem zesembl thing. >> they're going to say okay, we can't do this all right now. let's set up a process for tax reform that will resolve itself in 2013. let's set up a process for entitlement reform in 2013 and create another trigger, sequestration, kicking the can down the road. but i would say one thing. what's interesting for me here is that republicans, by and large, have won this argument. they are getting a lot of spending cuts. they will get, if they want to accept it, some social security reform in terms of decreased benefits paid. it is def
government that sticks a gun to its head. sorry to use gun metaphors, but basically sticks a gun to its head and says we don't trust ourselves to legislate like normal people. even presidential commissions don't work anymore. what we've got to do is give ourselves artificial deadlines and bring ourselves to the precipice, create all sorts of uncertainty, create manufactured crises because without that pressure, we can no longer be counted on to do anything that remotely redecember bem zesembl...
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Dec 29, 2012
12/12
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LINKTV
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government. 4 die when a russian airplane crashes onto the highway in moscow. >>> for 13 days, doctors had fought to keep her alive but her injuries were too severe. now the six men accused of gang raping the 23-year-old woman in india are being charged with murder. she was thrown from a moving bus after being assaulted. thousands of people have called for more to be done to protect indian women against sexual violence. from new delhi, we have this report. >> they came and the hundreds to mourn the young woman brutalized and to show their anger to lawrence the authorities who have not year -- show their anger towards the authorities. the chief minister had already described it as a shameful moment for india, but that did not spare them the rest of the crowd. >> we need to do something because we have too much on the establishment and they have let us down. >> the government has been trying to put off protesters by sealing off large parts of the city and closing off metro stations. hundreds of arm
government. 4 die when a russian airplane crashes onto the highway in moscow. >>> for 13 days, doctors had fought to keep her alive but her injuries were too severe. now the six men accused of gang raping the 23-year-old woman in india are being charged with murder. she was thrown from a moving bus after being assaulted. thousands of people have called for more to be done to protect indian women against sexual violence. from new delhi, we have this report. >> they came and the...
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of that government is is relatively easy but eventually those governments need to be called to task but the eventual issue is that it is a question of equity it is a question of people having access to water with regard without regard to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront generally we're going to a short break and after that chopper can continue our discussion on what is your state. of the. deadly rivals some decades. if good fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will cut myself am i going to tax my brother understand my going to come out immediately i am going to leave basically attack the cops of my anger and my frustration over. the tough well into the dome. two of the most violent gangs in the us history. is just all modeled kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and it legitimizes the violence they are made in americ
of that government is is relatively easy but eventually those governments need to be called to task but the eventual issue is that it is a question of equity it is a question of people having access to water with regard without regard to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront generally we're going to a short break and after that chopper can continue our discussion on what is your state. of the. deadly rivals some decades....
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priority for the pakistan government or many other governments to try to ensure sufficient water supply to them it is just that the people who suffer the effects of so-called water scarcity or cannot get enough water for themselves also happen to be the weakest of the poorest and with the minimal of the voice and it becomes that sort of political issue that in the dominant climate at the moment domineer liberal kind of a climate where the market is king and everything those are the kinds of voices we don't want to hear because that is politically uncomfortable i think technology sexy technology sells national level aggregates so you know calling names if you will to you know this government of that government is is relatively easy but eventually those governments name doesn't need to be called the dark but the eventual issue is that it is a question of equity it is a question of people having access to water with regard without regard to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront gentlemen we're getting into a sharp br
priority for the pakistan government or many other governments to try to ensure sufficient water supply to them it is just that the people who suffer the effects of so-called water scarcity or cannot get enough water for themselves also happen to be the weakest of the poorest and with the minimal of the voice and it becomes that sort of political issue that in the dominant climate at the moment domineer liberal kind of a climate where the market is king and everything those are the kinds of...
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of that government is is relatively easy but eventually those governments name don't need to be called the dogs but the eventual issue is that it is a question of equity it is a question of people having access to water with regard what out regard to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront gentlemen we're going to a short break and after that shoppers will continue our discussion on water suggesting. hold it. hold it. clear. that speech. she gave. her or her. wish. to bomb missile. tests. and. come out fine i'm a little. well going into the future this month high tech means could help whether it be the latest laser cutters on lifesaving heart rushing innovators are working hard to keep you healthy person companies it's been a winding road from car simulators to cutting edge training systems for others it's been a lifetime of work along the mysteries of the skull cool check it all out on technology update we've got the future cover. me evenings you. mean the. wealthy british style. writers. market why not. find out
of that government is is relatively easy but eventually those governments name don't need to be called the dogs but the eventual issue is that it is a question of equity it is a question of people having access to water with regard what out regard to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront gentlemen we're going to a short break and after that shoppers will continue our discussion on water suggesting. hold it. hold it....
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Dec 28, 2012
12/12
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CNBC
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if there's a cut in government spending, where is the lift coming from, consumers, investment? therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick the can down the road much like they do in europe and get your mild positive reaction going into the jobs data on friday. >> do you think we get a definitive move in this market one way or the other with some announcement out of washington, or is this market just so tired of all of the developments there? what do you think? >> well, there's still a risk-on trend, and if they kick the can down the road or actually come to some kind of compromise, that trend is intact, and you'll see going into the first few months of the year i believe very positive price action for all the equity indexs? >> what now, rick
if there's a cut in government spending, where is the lift coming from, consumers, investment? therefore, the u.s. economy, we're on fragile ground right now. >> short term, sarge, this market held hostage minute by minute by the developments out of washington. >> yeah, sure, if we don't see any kind of compromise whatsoever, you'll see this s&p 500 trading in the 1360s next week. i think you'll get a short-term deal, address some of the issues, not really solve anything, kick...
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Dec 28, 2012
12/12
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LINKTV
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-- should be possessed by the government. parliamenttary if that was the agreement. >> the public prosecutor has ordered an investigation. mouhammad, leaders of the opposition national salvation front, two lawyers complained about them after they kaled for anti-government protest. the public presidentor was appointed last month as part of the president's decree. the former president has been transferred to a military hospital from his prison cell. it's the second time the 84-year-old has been moved. he is serving a life sentence for not stopping the killing in 2011. mahmoud ahmadinejad has fired his health minister. he was the first woman to hold the post. she's criticized the government for not providing money to import medicine. iran is struggling to provide medical supply due to sanctions imposed by the west. there are more women than ever in the u.s. army. after they're discharged they're just as likely as men to suffer disorders like post traumatic stress syndrome. female veterans are less likely to get the help they nee
-- should be possessed by the government. parliamenttary if that was the agreement. >> the public prosecutor has ordered an investigation. mouhammad, leaders of the opposition national salvation front, two lawyers complained about them after they kaled for anti-government protest. the public presidentor was appointed last month as part of the president's decree. the former president has been transferred to a military hospital from his prison cell. it's the second time the 84-year-old has...
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of that government is is relatively easy but eventually those governments need to be called to task but the eventual issue is that it is a question of equity it is a question of people having access to water with regard to god to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront gentlemen we're going to go to a short break and after that short break we'll continue our discussion on water security state. the only thing. your bank. account with the financial system. she was good to. choose to use that to the great. choose the stories to. choose access to. deadly rivals for decades. if you had fifteen thousand people killing each other in any other country there would be diplomats there would be mediators. self-imposed out costs from society i will contact myself and michael attack my brother understand my contacts. going to be basically attack the cops of my anger and my frustration the. judge well into the dome. two of the most violent gangs in u.s. history. is just all model kill or be killed with the colors matching the
of that government is is relatively easy but eventually those governments need to be called to task but the eventual issue is that it is a question of equity it is a question of people having access to water with regard to god to their social power and that's a sort of dynamic that the global system at the moment is not willing to confront gentlemen we're going to go to a short break and after that short break we'll continue our discussion on water security state. the only thing. your bank....
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Dec 25, 2012
12/12
by
CSPAN2
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eye 271
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, that it is often too good for the government. several occasions is a dicey taking she written into something else because her supervisors thought the government didn't deserve the literature she was producing. although in fact these were sent out to universities and extension services. you could buy one from the u.s. printing office, but if he went to wildlife refuge and stopped at the information kiosk, you could pick one up and read about the refugee you are visiting. but what you do get a sense of a person was doing. again, this is a pamphlet you get for free if you went to the national wildlife refuge. assateague is under the barrier islands typical of the middle atlantic coast. never more than three miles short assurer, length turned she could keep amsc. seen from the gear, the migrated waterfall coming in from the north must have seen it. its eastern borders of white residents in the curbs around the southern end of the island to form a nearly enclosed herbert. back from the beach to say nothing to load games in the hills o
, that it is often too good for the government. several occasions is a dicey taking she written into something else because her supervisors thought the government didn't deserve the literature she was producing. although in fact these were sent out to universities and extension services. you could buy one from the u.s. printing office, but if he went to wildlife refuge and stopped at the information kiosk, you could pick one up and read about the refugee you are visiting. but what you do get a...
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Dec 27, 2012
12/12
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CNNW
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that's when the government reaches its legal borrowing limit. the government can operate for a few weeks using emergency measures, but congress needs to act quickly to avoid a full-blown crisis. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help manage hunger... look who's getting smart about her weight. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. [ male announcer ] glucerna hunger smart. [music: artist: willy moon ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! neural speeds increasing to 4g lte. br
that's when the government reaches its legal borrowing limit. the government can operate for a few weeks using emergency measures, but congress needs to act quickly to avoid a full-blown crisis. i tried weight loss plans... but their shakes aren't always made for people with diabetes. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. and they have six grams of sugars. with fifteen grams of protein to help...
WHUT (Howard University Television)
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90
Dec 28, 2012
12/12
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WHUT
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all this mounting pressure on the government. now we've started seing a bit of a response from politicians acknowledging the public mood, trying to set things right. this, france, is what the president of the governing congress party had to say. >> our thoughts are with the young woman who is fighting for her life after this attack. and our wish today is that she recovers and that she -- >> those are of sympathy. but also talk of new legislation. is that what people think are needed, or just currently putting the proper laws that exist into practice. >> i think a lot of effort is focused on trying to insure that the laws that do exist are exercised by people. the police forces and the courts. the biggest reform measure of the government's picking up on the back of these protests is the fact that they're trying to now make sure that rape cases are tried in fast track courts. india's judicial center is flawed and what tends to happen is a lot of women who are victims of rape simply stop testifying because, you know, they just want
all this mounting pressure on the government. now we've started seing a bit of a response from politicians acknowledging the public mood, trying to set things right. this, france, is what the president of the governing congress party had to say. >> our thoughts are with the young woman who is fighting for her life after this attack. and our wish today is that she recovers and that she -- >> those are of sympathy. but also talk of new legislation. is that what people think are...
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programs or government intervention they all can't get to solve the basic problem of overproduction the problem of capitalism so do you see a deal eventually being struck or not i think a deal will be eventually struck i think this is staged this is to get us used to the idea that all of the programs we depend on to survive and the prosperity that we've had for so long it's to get us used to the idea that we have to start giving that up and just start start giving up the good lives we have and that's that's very of brightening that's a frightening normality it's a frightening president assef that's what they're doing because the u.s. treasury is working its magic isn't it to free up two hundred billion dollars to avoid going above the debt ceiling over a sixteen point four trillion how realistic is that what i think you have to set some technical difficulties but we can thank our guests for joining us on a case ok we can can continue talking about this actually in the business section had to meet she's with us in the studio so this us fiscal cliff to causing trouble as we've heard y
programs or government intervention they all can't get to solve the basic problem of overproduction the problem of capitalism so do you see a deal eventually being struck or not i think a deal will be eventually struck i think this is staged this is to get us used to the idea that all of the programs we depend on to survive and the prosperity that we've had for so long it's to get us used to the idea that we have to start giving that up and just start start giving up the good lives we have and...
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Dec 27, 2012
12/12
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KQED
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. >> he also defected from the bashar al-assad government. before that he held several high-ranking posts including the ambassador to sweden. i asked him how significant it is. >> it is very significant because one of the highest- ranking officers that have affected so far, and this man is the head of the military police and he must know a lot of things that have been going on by the army, invading the cities and killing civilians and bombarding the area with chemical weapons. he has said homs was bombed with chemical weapons. this is his statement. i think he was in a position to do this because you have all the reports coming to him. >> is it really that significant given that bashar al-assad still can count the military in multiples of tens of thousands? he is getting help from the russians, the iranians, and also has fallen out of lebanon. he looks pretty secure and appears to be acting with impunity. >> you are right. we cannot forget the fact this person has a lot of information about the use of prohibited weapons, especially this thing
. >> he also defected from the bashar al-assad government. before that he held several high-ranking posts including the ambassador to sweden. i asked him how significant it is. >> it is very significant because one of the highest- ranking officers that have affected so far, and this man is the head of the military police and he must know a lot of things that have been going on by the army, invading the cities and killing civilians and bombarding the area with chemical weapons. he...
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meeting with a lot are breaking me in moscow said the syrian opposition is refusal to talk with the government only paves the way for further bloodshed r.t.c. called peace can off has been following the talks. the biggest stumbling block in the syrian conflict right now is that the opposition is rejecting any compromise saying strictly that president assad has to go while assad himself says he's not going anywhere he's protecting his country and moscow says nobody's able to persuade him to change his mind and neither side is willing to put its weapons down if. you know the only alternative is. clearly head on a political process and then we have all of us to work says listening for the political process mr brahimi added that this should be a syrian allowed political process which should be based on the agreements reached by world powers in geneva and they include forming a transitional government which could include all sides of the conflict but the opposition is not only unwilling to negotiate with the suing authorities it's now rejecting direct talks with moscow which has been trying to be a
meeting with a lot are breaking me in moscow said the syrian opposition is refusal to talk with the government only paves the way for further bloodshed r.t.c. called peace can off has been following the talks. the biggest stumbling block in the syrian conflict right now is that the opposition is rejecting any compromise saying strictly that president assad has to go while assad himself says he's not going anywhere he's protecting his country and moscow says nobody's able to persuade him to...
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Dec 27, 2012
12/12
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CSPAN
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is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very frankly, the house has to initiate revenue bills. the house failed to send a bill out, as you know, last week, because the republican party could not come to an agreement. so i do not have a representation as to what they are going to do. i do know they are going to be discussing it just in a few minutes. >> what would you say [indiscernbile] >> i would say the most preferable path forward is to get us back in session, come here, sit down at the table, and reach a compromise agreement. an alternative, which is the simplest, pass the senate bill you want to correct a glitch in the senate bill from a procedural viewpoint, it will pasts the house, which will include a tax decrease on the first $200,000 of income of an individual, or $250,000 for a family. we could do that immediately.
is at work, that their government can work, and that their government will work. thank you very much. questions? yes. >> did you get a communication from the majority leader that they would be coming back? >> they would be discussing it today. i know they are discussing that issue. very frankly, the house has to initiate revenue bills. the house failed to send a bill out, as you know, last week, because the republican party could not come to an agreement. so i do not have a...
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he says the government is equally to blame. what was going on in two thousand and one two thousand and two when the interim authority came to existence in this country they signed deals exempting some of these companies we were dealing with need to and i say and then. many other companies came and started. carpetbagging backpacking in illegitimate gains and they never paid taxes this is not new and this government will never have the guts to collect taxes from those broke companies just in egypt. there are dozens and dozens of companies who are bringing passengers and cargo to this country and who are bringing other goods and they have never paid any taxes they were never paid even landing fees in some cases. or flight fees this is just aviation and you can imagine other fields of commerce in. fuel and transportation and logistics and security in other arenas in all arenas there are hundreds of millions of dollars every year there are scaping and this government also sometimes gives them some reprieve reducing their taxes and e
he says the government is equally to blame. what was going on in two thousand and one two thousand and two when the interim authority came to existence in this country they signed deals exempting some of these companies we were dealing with need to and i say and then. many other companies came and started. carpetbagging backpacking in illegitimate gains and they never paid taxes this is not new and this government will never have the guts to collect taxes from those broke companies just in...
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127
Dec 30, 2012
12/12
by
CSPAN
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eye 127
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there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the next couple months. in terms of the immediate tax increases, the payroll tax rise of 62% from four 0.2% and workers first $113,000 of income. capital gains, qualified dividend's, and estate and gift taxes are subject to higher taxes. higher earners face new taxes under the health care law. within the next couple glock -- a couple of
there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election,...
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Dec 29, 2012
12/12
by
MSNBCW
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divided government is a good time to solve hard problems. and in the next few days leaders in washington have an important responsibility to work together and do just that. >> two reports for you here at the top of the hour. nbc's luke russert and nbc's kristen welker look at the capitol, kristen at the white house. luke let's start with you. next 72 hours, what are they supposed to look like and what's happening right now? >> reporter: it's interesting, t.j. i'm here at an empty capitol hill. it really is. minority leader mitch mcconnell, majority leader hay harry reid are negotiating over some type of package to avert a large tax hike on the middle class. what the package would look like we don't know. over the next 72 hours we'll have the negotiation, between mcconnell and reid going to go onned to. tomorrow the house of representatives gavels back into session about 6:30 p.m. if there is to be a deal between reid and mcconnell it would most likely be presented to the house gop tomorrow. possibly we could have a vote late sunday night or
divided government is a good time to solve hard problems. and in the next few days leaders in washington have an important responsibility to work together and do just that. >> two reports for you here at the top of the hour. nbc's luke russert and nbc's kristen welker look at the capitol, kristen at the white house. luke let's start with you. next 72 hours, what are they supposed to look like and what's happening right now? >> reporter: it's interesting, t.j. i'm here at an empty...